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home / news releases / PYPD - PolyPid set to cut 20% jobs


PYPD - PolyPid set to cut 20% jobs

  • PolyPid ( NASDAQ: PYPD ) announced on Thursday a cost reduction plan, including a 20% job cut across all departments as it expects the actions to extend tits cash runway into Q3 2023.
  • The company expects to discuss regulatory pathway for D-PLEX100 for prevention of surgical site infections in abdominal surgery with U.S. and EU regulatory authorities in Q1 2023.
  • As of February 28, the company had 78 full-time employees.

For further details see:

PolyPid set to cut 20% jobs
Stock Information

Company Name: PolyPid Ltd.
Stock Symbol: PYPD
Market: NASDAQ
Website: polypid.com

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